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Bullboard - Stock Discussion Forum Rambler Metals and Mining PLC RBMTF

Rambler Metals and Mining PLC's principal activity is the development, mining, and exploration of the Project in Newfoundland and Labrador. The company owns an interest in Ming Mine Project which is located on the Baie Verte Peninsula in Canada. Its other properties include Goodyear's Cove which is an integrated concentrate storage and shipping facility and the Nugget Pond property. The company... see more

GREY:RBMTF - Post Discussion

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Post by willyk3 on May 01, 2016 6:55pm

I had a dream

Long time ago i was invested in a junior copper miner...one of their properties in Newfoundland  was the duck pond deposit...the CEO at the time suggested he could make money even though the price of the red metal was in the sixty cent range...many in the industry scoffed...but that miner prospered developing numerous deposits and then making the jump to south america....that miner was of course Aur Resources...and  from pennies it was ultimatly sold for , i believe, in the twenty dollar range.... in my dreams Rambler would be the reincarnation of that kind of wealth creation. 
From the first steps by Altius to consolidate the properties, the creation of Rambler, the yearlong dewatering of the mine, the fortuitous puchase of the mill...then finally, production ,debt payback and more recently the acquisition of nearby properties; in spite of all the obstacles we seemed to progress and i was looking forward to the development of whaleback   and progress on the lfz....alas the dream has been destroyed.  They will make money..of that i am sure but as an insignificant shareholder in a 75% company controlled by these crooks u can bet that  your shares will be worthless....we will never see a penny of what  will be created here!
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